AG&P Eyes Strategic LNG Terminal Acquisition in India

In a notable development, Singapore’s Atlantic, Gulf & Pacific Company (AG&P) is in talks to acquire Darshan Hiranandani H-Energy's liquefied natural gas (LNG) terminal located in Jaigarh, Maharashtra. This acquisition would significantly bolster AG&P’s domestic LNG sourcing capabilities and expand its city gas distribution business throughout India.

The Jaigarh terminal, featuring a robust LNG regasification project run by HE Terminals, offers AG&P a prime opportunity to enhance its operational efficiency. This terminal aligns perfectly with AG&P's goal of providing reliable and sustainable energy solutions to meet the growing demand for natural gas in the region.

As India continues its shift towards cleaner energy, the acquisition of the Jaigarh terminal could be pivotal for AG&P. By securing this asset, the company aims to strengthen its position in the Indian market and better serve the energy needs of consumers and businesses alike.